| CIN | Not Available |
|---|---|
| Year Established | Not Available |
| Address | Not Available |
| Company Status | Not Available |
Introduction
When considering a builder for your next property purchase, it's crucial to assess their track record, especially regarding legal disputes. This article delves into the performance of Sambhav Corporation, a builder operating in Gujarat, and sheds light on their experiences with the law, providing valuable insights for potential buyers.
Overview of Sambhav Corporation
Sambhav Corporation has managed to maintain a relatively low number of complaints, with just one recorded. However, the builder has faced a legal setback, losing that single case filed against it. In addition, Sambhav Corporation has been fined for a violation tied to the Real Estate (Regulation and Development) Act, or RERA, aimed at regulating the real estate sector to protect buyers.
Legal Case Details
The only case involving Sambhav Corporation occurred when an appellant claimed that the builder sold flats without proper registration as mandated by the RERA Act. In response, the builder acknowledged that while this was an inadvertent mistake, they had indeed violated the law. Consequently, the authority imposed a significant fine of Rs. 1,89,000 on Sambhav Corporation, which necessitated personal payment from the builder.
Analysis of Legal Patterns
Cases Won
In the context of the builder's legal history, it is important to note that Sambhav Corporation has not won any cases as there is only one recorded instance, and in this situation, they lost. Thus, no patterns or common factors related to victories can be identified.
Cases Lost
The case lost by Sambhav Corporation reveals a specific pattern: the infringement of regulatory practices. The builder's admission of a mistake indicates a potentially concerning aspect of their operational management, particularly in compliance with laws designed to protect buyers. This isolated incident emphasizes the importance of regulatory adherence in building projects, which, if overlooked, can lead to legal troubles and financial penalties.
Conclusion
The data suggests that Sambhav Corporation has room for improvement in its operational practices, especially concerning compliance with regulatory frameworks like RERA. Although the single complaint may appear minor, the associated legal loss and fine can be concerning indicators for potential buyers.
Tips for Potential Buyers
- Research Thoroughly: It's essential to research the builder's track record, including any past legal disputes and their resolutions, to gain insight into their reliability.
- Ask About Compliance: Inquire whether the builder follows all regulations and if their projects are registered under RERA to ensure your investment is secure.
- Visit Completed Projects: If possible, visit previously completed projects by the builder to assess quality and gather feedback from previous buyers.
General Tips for Selecting a Builder
- Check Reviews and Ratings: Look for online reviews and testimonials from previous clients to build a broader understanding of the builder's reputation.
- Evaluate Transparency: A trustworthy builder should provide clear information about their projects, timelines, and any legal matters.
- Consider Financial Stability: A builder's financial health can impact project completion, so evaluate their financial statements or seek third-party assessments.
In conclusion, while Sambhav Corporation operates on a relatively modest scale, this single legal incident highlights the vital importance of regulatory compliance and the need for diligence on the part of prospective buyers.
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Here you’ll find cases where others sued the builder, and the builder lost. We’ve included a simple summary and key takeaways from each case.
Analysis of the cases filed against Sambhav Corporation, where the builder lost, reveals several key points across the various disputes raised.
The cases against Sambhav Corporation primarily cluster around two common themes: non-compliance with the RERA Act and penalties incurred due to these violations. The most notable claim involved the builder selling flats without proper registration, which is a clear breach of the RERA Act. This highlights a significant area of concern for potential buyers regarding the builder's adherence to regulations that ensure transparency and protect consumer rights.
Common reasons for bringing cases to court in this instance revolved around the builder’s failure to comply with basic regulatory requirements. The apology offered by the builder indicates an acknowledgment of the mistake, yet the imposition of a fine shows the seriousness with which such violations are treated. A pattern emerges wherein the builder's insufficient adherence to legal standards triggers litigation, leading to financial penalties and potentially tarnishing its reputation among buyers.
The underlying reason for the builder's loss in these cases is rooted in their inability to meet regulatory requirements. The imposed fine serves as a deterrent against future violations and emphasizes the importance of registering projects before offering them for sale. This trend indicates that buyers should be cautious when engaging with builders that have a history of such legal issues, as it may signify broader operational lapses.
This table provides an analysis of individual cases that contributed to the summary above. Click on any row to expand and view complete details, and use the "Show More" button to load additional rows as needed.
| Case Number | State | Summary | Case Topic | Detailed Summary | Appellant Name | Respondent Name | Source |
|---|---|---|---|---|---|---|---|
| 62/2018 | Gujarat | The promoter, Sambhav Corporation, was fined Rs.1… | ["RERA Act violatio… | {"appellant_claim": "The appellant claimed that t… | Gujarat Real Estate… | Sambhav Corporation | https://drive.google.com/uc?id=1DV88j6zhgQ8ePRgdFHW7gdir4000emg2 |